B.C. Businesses Cut Cross-Border Costs

“Canadian companies want to consolidate several small shipments into a larger one to minimize customs clearance costs,” says Jim Pettinger, UCanTrade, Inc.’s president and CEO. “This is where UCanTrade can step in and provide cross docking services and work in conjunction with our client’s U.S. Customs Broker to expedite this process at a low cost.”

Further, UCanTrade’s state-of-the-art warehouse and shipping facility, conveniently located on I-5 only 10 minutes (24 km) from the border in Blaine, WA, is strategically positioned to help British Columbia businesses save money. Our cross-docking, ‘pick-and-pack’ and third party logistics (3PL) services, combined with years of cross-border experience, give our clients a competitive advantage. By eliminating the border, Canadian businesses lower their shipping and handling costs whereby increasing their profits.

Noteworthy, if you are making acquisitions in the United States, ask your vendor if they offer free delivery to addresses in the U.S.  If they do, call us for cross-docking services and you could save thousands on freight fees and international shipping charges.

Get in touch with the logistics experts at UCanTrade, Inc. today, and find out how your company can save money with cross-border cross-docking and 3PL services.

TradeTips blog is published by UCanTrade, Inc., your cross-border experts since 1997.

UCanTrade
Website: www.UCanTrade.com
Phone: 360-380-6900
Email: info@UCanTrade.com
Twitter: @UCanTrade

Subscribe HERE to receive our TradeTips Newsletter – Cross-Border News & Upcoming Events in the Pacific Corridor

What in the world is Amazon doing now?

By: Jim Pettinger, President & CEO of UCanTrade, Inc.

Spend a little time on Google and you will soon discover that Amazon is slowly but surely expanding its logistics reach both vertically and horizontally. Vertically, by investing in ships, planes, trucks, drones and warehouses, and horizontally by establishing operations around the globe from Europe to Asia and beyond. And besides all that, they are tying it all together with a staggering array of “web services”.

Order fulfillment and international logistics services.

A recent example is their expansion into ocean freight forwarding as reported recently in this article distributed by Reuters. As a former stockbroker, I remain amazed how Amazon can make this happen with a reported P/E ratio over 500 as compared to Apple at a paltry P/E of about 15. Perhaps this article in Yahoo! Finance will clear it up for you.

TradeTips blog is published by UCanTrade, Inc., your cross-border experts since 1997.

UCanTrade
Website: www.UCanTrade.com
Phone: 360-380-6900
Email: info@UCanTrade.com
Twitter: @UCanTrade

Subscribe HERE to receive our TradeTips Newsletter – Cross-Border News & Upcoming Events in the Pacific Corridor

“Return to Sender” – What’s Your Policy?

According to UPS, January 6th is officially ‘National Returns Day’. The global shipping giant reportedly expects to handle approximately 5 million package returns by the end of the first week in January with over a million consumer returns on January 6th alone! With online shopping exponentially increasing each year, particularly during the holiday season, e-commerce retailers need to consider their return policies.

Returns play a huge role in a buyer’s decision process. Structuring a ‘flexible policy’ to provide online shoppers with ‘free, fast and easy returns’ helps make a consumer feel much more comfortable buying something sight unseen. UPS reports just 32% of retailers offer free returns. Further, less than half outline a ‘merchandise exchange timeline’ which, UPS says, “is a key component of the return policy that is viewed by 88% of online shoppers.”

Canadian retailers and small businesses expanding their businesses online and selling into the U.S. market should recognize a no-hassle return policy will give them a competitive edge in a very competitive market.

Establishing a business identity in the USA and using reliable trade partners can eliminate unnecessary border crossings, clearance expenses, freight costs and time delays while providing your American customer base with the reliable, quick turnarounds they’re after.

If you need a trusted (reverse) logistics partner to handle your USA warehousing and ‘pick & pack’ shipping needs with accuracy and attention to detail, please consider our team at UCanTrade, Inc. (Ref. “Six Eyes On Every Box”)

To learn more about our Technical Repair and Return Services click HERE or call us at 360-380-6900.

Subscribe to our TradeTips Newsletter for the latest import/export events and trade news and/or follow us on Twitter @UCanTrade.

TradeTips blog is published by UCanTrade, Inc., your cross-border experts since 1997.

UCanTrade
Website: www.UCanTrade.com
Phone: 360-380-6900
Email: info@UCanTrade.com
Twitter: @UCanTrade

(Source)

A simple, inexpensive proposal to reduce border wait times.

By: Jim Pettinger, President and CEO at UCanTrade, Inc.

David Davidson, retiring interim director of Western Washington University’s Border Policy Research Institute (BPRI), is leaving us with a challenge to implement a relatively simple plan to issue RFID-enabled cards to about 75,000 “high-frequency” border-crossing Canadian passport holders. He estimates this cost would be about 20% of the cost of adding staffed booths to achieve the same reduction of average wait times. The proposal would not replace NEXUS, which provides the fastest crossing, but would be simpler and faster to implement in the short term because it requires no additional data from the passport holder.

Details of Davidson’s proposal, “A Business Case for Increasing RFID at the Canada – U.S. Land Border”, can be found at the BPRI website, www.wwu.edu/bpri. We encourage all frequent border crossers to support the significant work being done by BPRI by subscribing to its e-mail distribution list.

Subscribe to our TradeTips Newsletter for the latest import/export events and trade news and/or follow us on Twitter @UCanTrade.

TradeTips blog is published by UCanTrade, Inc., your cross-border experts since 1997.

UCanTrade
Website: www.UCanTrade.com
Phone: 360-380-6900
Email: info@UCanTrade.com
Twitter: @UCanTrade

Online US Sales Help Canadian Retailers Cope with Low Loonie

This Global BC News Report (Video 2:08 min) shines a spotlight on one Vancouver, BC retailer (Moojoes) who, in the face of rising costs related to a falling Canadian Dollar, shifted their focus to selling online where “American buyers are more than happy to snap up a quality made product for a lot less…”

It’s not a big surprise that the strengthening USA economy is benefiting BC industries like manufacturing, mining, forestry, agriculture and tourism but BC small businesses and retailers can export to the USA and benefit from the ‘Low Loonie’ too. (Related Article: BC Export Opportunities to the US Abound)

Learn more about doing business in the USA at UCanTrade’s Resources & Helpful Articles pages.

Subscribe to our TradeTips Newsletter for the latest import/export events and trade news and/or follow us on Twitter @UCanTrade.

TradeTips blog is published by UCanTrade, Inc., your cross-border experts since 1997.

UCanTrade
Website: www.UCanTrade.com
Phone: 360-380-6900
Email: info@UCanTrade.com
Twitter: @UCanTrade

UPS, FedEx, USPS and Amazon gearing up for the holidays

By: Jim Pettinger

The 2015 holiday shopping season in the U.S. extends from Black Friday (November 27) to Christmas Eve (December 24), and this year will include one more day than last. Three volume spikes are expected, including Cyber Monday and the first two Mondays in December. The National Retail Federation expects sales in November and December to grow 3.7% to $630.5 billion, with e-commerce sales continuing to grow at a faster rate than brick-and-mortar sales.

After experiencing missed delivery dates in recent years, the major players are all promising (hoping?) to deliver on time this year. However, there may not be enough people in North America to fill the millions of part time jobs being offered by both carriers and retailers. Consequently, shippers and buyers should be both proactive and creative to insure against disappointment.

Subscribe to our TradeTips Newsletter for the latest import/export events and trade news and/or follow us on Twitter @UCanTrade.

TradeTips blog is published by UCanTrade, Inc., your cross-border experts since 1997.

UCanTrade
Website: www.UCanTrade.com
Phone: 360-380-6900
Email: info@UCanTrade.com
Twitter: @UCanTrade

 

Six Eyes On Every Box

By: UCanTrade

Technology is great. We love technology. But relying on machines alone without human verification can cause things to go haywire.

That’s why at UCanTrade, every shipment is triple checked before it leaves our warehouse not once, not twice, but three times.

In the warehousing and logistics industry, a 1-2% error rate is considered standard. Sending 1 or 2 of every 100 packages to the wrong address is “business as usual” in many operations.

That’s not good enough for our clients, and it’s not good enough for us. So, we triple-check everything before it ships.

Our staff are some of the most experienced in the industry, and not one, not two, but three of our warehouse professionals view, verify, and sign off on every box before it leaves our warehouse.

The result? An accuracy rate of over 99.8%.

Reverse Logistics, Shipping, Handling, Warehousing

Experienced staff. Triple-checked shipments. Six eyes on every box.

If you need a trusted logistics partner to handle your USA warehousing and ‘pick & pack’ shipping needs with accuracy and attention to detail, Call us at 360-380-6900.

TradeTips blog is published by UCanTrade, Inc., your cross-border experts since 1997.

Sign up HERE to receive current cross-border news & upcoming BC / WA trade events.

UCanTrade
Website: www.UCanTrade.com
Phone: 360-380-6900
Email: info@UCanTrade.com
Twitter: @UCanTrade

5 Reasons Small Business Should Expand To The US

PiggyBank3According to the Canadian Manufacturers and Exporters’ magazine 20/20, it’s a ‘proven fact’ that companies who’ve expanded their business outside of Canada are more profitable than those who have not. (Source)

Here are 5 reasons why exporting to the US makes sense:

  1. Culture, proximity and history help eliminate expansion hurdles.
  2. Cross-border financial investment opportunities are plentiful.
  3. Aerospace & manufacturing businesses (as examples) are industries ‘diverting’ their operations to the US creating opportunities for Canadians to “capitalize on the growing market”.
  4. A strong US dollar equals more profitable sales for Canadian businesses.
  5. The US is a perfect ‘launch pad’ into other economies around the globe.

( Full Article by Jim Shenkmen – Contributor to The Globe and Mail)

TradeTips blog is published by UCanTrade, Inc., your cross-border experts since 1997.

Sign up HERE to receive current cross-border news & upcoming BC / WA trade events.

UCanTrade
Website: www.UCanTrade.com
Phone: 360-380-6900
Email: info@UCanTrade.com
Twitter: @UCanTrade

BC Export Opportunities to the US Abound

By: UCanTrade Staff

When considering BC’s main exports to the US (its ‘largest trading partner’), larger sectors like forestry and mining might first come to mind. However, as Trade and Invest BC reports, viable export opportunities also exist in other ‘key sectors’ such green technology & clean economy, digital media, and agrifoods.

Further export prospects exist in film and media production, technology transfer, and financial services the agency says, adding that “businesses in all regions of the province and almost all sectors will find opportunities to export to the United States.” Reasoning, BC businesses can compete successfully in US markets because of a long shared history, geographical proximity and NAFTA*.

The take-away is that whether you’re a Victoria ‘E-tailer’ selling your fashions to buyers in Colorado or a Vancouver technology ‘start-up’ selling Wearable Devices to California, the sky is the limit! The US offers BC businesses an abundance of export opportunities.

This point is amplified when you consider Canadians can earn 20% more on their US sales simply because of the favorable exchange rate. (Ref: Selling Into the USA – Easier Than You Think)

Learn more about doing business in the USA at UCanTrade’s Resources & Helpful Articles pages.

Subscribe to our TradeTips Newsletter for the latest import/export events and trade news and/or follow us on Twitter @UCanTrade.

TradeTips blog is published by UCanTrade, Inc., your cross-border experts since 1997.

UCanTrade
Website: www.UCanTrade.com
Phone: 360-380-6900
Email: info@UCanTrade.com
Twitter: @UCanTrade

*North American Free Trade Agreement
(Source: Trade and Invest BC > Key Markets > United States)

Improve your marketing productivity by outsourcing to a “3PL” provider

By: UCanTrade Staff

Many small/medium companies have learned they can’t do it all, especially in today’s Internet-driven world of international trade.

In the world of logistics* and supply-chain management, ‘3PL’ means ‘third-party logistics’ – a logistics company hired by either buyers or sellers to reliably coordinate and deliver their goods, either in part or entirely, to their customers.

In today’s global marketplace, 3PL partners play a key role in a business’ supply chain and are especially relevant when selling to a foreign market. Cost effective manufacturing, packaging, shipping and distribution can make or break overall sales success; which when expanding a business abroad, can be exacerbated further by diverse and complex import/export regulations.

At UCanTrade, YOU can trade! We specialize in supporting Canadian exporters/importers with US business and logistics services including: (E-commerce) Order Fulfillment & ‘Pick-N-Pack’, Cross-Docking, Value Added Parcel Forwarding, Warehousing and Storage, Freight Management/Transportation Services, Mail Services and more. We exist to help Canadian businesses market and distribute profitably in the USA.

Subscribe to our TradeTips Newsletter for the latest import/export events and trade news and/or follow us on Twitter @UCanTrade.

*Logistics is the management of the multi-directional flow (and storage) of goods and related information from the point of origin to the point of consumption. The purpose is to satisfy customer requirements as efficiently and reliably as possible. Good logistics is crucial to customer satisfaction and business profitability – it gets goods and material where they need to be when they need to be there.

TradeTips blog is published by UCanTrade, Inc., your cross-border experts since 1997.

UCanTrade
Website: www.UCanTrade.com
Phone: 360-380-6900
Email: info@UCanTrade.com
Twitter: @UCanTrade